Nasdaq 100 drops 1.5% to 28,814 as TSMC turns good news into a chip rout
The Nasdaq 100 dropped 1.5% to 28,814 — its second chip-driven decline of the week — after TSMC raised capex guidance and the market sold the messenger. The 28,500 shelf and the 29,700 record zone now bracket the index's next decision.
Shahwaiz Khan • Jul 18, 2026 • 2 min read























